標題：四個顯示以太坊力量的鍊鍊指標

以太坊ETH $ 1 845 24H波動率：2.6％的市值：$ 222.72 B卷。 24小時：週末$ 14.22 B的價格下跌，引起了加密貨幣社區的擔憂，即這是否是集會的結束。

Key Points

關鍵點

* The Ethereum (ETH) price drop over the weekend has brought up concerns in the crypto community about whether this is the enet rally. However, on-chain metrics show that the Ethereum fundamentals have enough strength to stage a quick recovery moving ahead.

*週末的以太坊（ETH）價格下跌引起了加密貨幣社區的擔憂。但是，鏈度指標表明，以太坊基本面具有足夠的力量，可以快速恢復前進。

* As far as ETH price sustains above the $2,200 support, market analysts believe that the rally remains intact.

*就ETH價格的維持在2200美元的支持以上，市場分析師認為集會仍然完好無損。

* A glance at four on-chain metrics that show Ethereum strength:

*一瞥四個顯示以太坊強度的鍊鍊指標：

* Ethereum MVRV Momentum Flips Bullish

*以太坊MVRV動量翻轉看漲

* Rising ETH Whale Activity

*上升的ETH鯨魚活動

* ETH Exchange Supply Drops Significantly

* ETH Exchange供應大幅下降

* ETH Pricing Band Shows Strength

*倫理定價樂隊顯示強度

Four On-Chain Metrics Show Ethereum Strength

四個鏈度指標顯示以太坊的力量

Crypto analyst Ali Martinez has highlighted a key shift in Ethereum’s market dynamics, stating that the MVRV (Market Value to Realized Value) ratio has transitioned from bearish to bullish territory. This development signals growing momentum in favor of Ethereum bulls, setting the stage for further price gains in the near term.

加密分析師阿里·馬丁內斯（Ali Martinez）強調了以太坊市場動態的關鍵轉變，指出MVRV（市場價值與已實現價值）比率已經從看跌到看漲領土過渡。這一發展信號標誌著增長的動力，支持以太坊公牛，在短期內為進一步的價格上漲奠定了基礎。

“The MVRV Ratio has flipped from bearish to bullish, a strong sign that momentum is now favoring the #Ethereum $ETH bulls.”

“ MVRV的比例已經從看跌到看漲，這是一個強烈的信號，即動量現在偏愛#Ethereum $ eth Bulls。”

The MVRV flips bearish to bullish. A strong sign that momentum is now favoring the #Ethereum $ETH bulls.

MVRV翻轉看跌以看漲。強烈的跡象表明，動力現在偏愛#Ethereum $ eth Bulls。

Easily explained, MVRV compares an asset’s market value to the average realized value of all coins last touched. When MVRV is low, it indicates that an asset is undervalued, and vice versa.

MVRV很容易解釋，將資產的市場價值與上次接觸的所有硬幣的平均實現價值進行了比較。當MVRV較低時，這表明資產被低估了，反之亦然。

The MVRV Ratio is used to gauge whether an asset is overvalued or undervalued relative to its realized value. Realized value is the price at which coins were last moved on-chain, providing an indication of the average price paid by current holders.

MVRV比率用於衡量資產是否相對於其實現值被高估還是被低估。實現的價值是上次鏈上貨幣的價格，提供了當前持有人支付的平均價格的指示。

When the market value is significantly higher than the realized value, it suggests that traders are optimistic and willing to pay a premium for the asset. This divergence between market value and realized value can be used to identify potential price reversals.

當市場價值明顯高於已實現的價值時，它表明交易者很樂觀，願意為該資產支付溢價。市場價值與已實現價值之間的這種差異可用於確定潛在的價格逆轉。

As the MVRV rises above 1, it indicates that investors are becoming more optimistic and are willing to pay a premium for the asset. Conversely, when MVRV falls below 1, it suggests that investors are pessimistic and believe the asset is overvalued.

隨著MVRV上升到1以上，這表明投資者變得越來越樂觀，願意為資產支付溢價。相反，當MVRV低於1時，這表明投資者是悲觀的，並認為資產被高估了。

At the beginning of 2024, the MVRV dropped below 0.4, signaling extreme pessimism among investors. However, as the price rose above $1,200, the MVRV gradually recovered, finally flipping bullish at around 1.08.

在2024年初，MVRV降至0.4以下，這表明投資者極度悲觀。但是，隨著價格上漲超過1200美元，MVRV逐漸恢復，最終以1.08左右的價格翻轉看漲。

Moreover, analyst Martinez added that Ethereum whale activity has shot up. Over the past month alone, ETH whales have been busy accumulating, adding a staggering 450,000 Ethereum to their holdings. This consistent buying pressure from large institutions and investors bodes well for the cryptocurrency.

此外，分析師Martinez補充說，以太坊鯨魚活動已經起步。僅在過去的一個月中，Eth鯨魚一直在忙於積累，為他們的持股增加了45萬以太坊。大型機構和投資者的這種一致的購買壓力為加密貨幣帶來了很好的體現。

“Whale activity supports this momentum shift, with large holders accumulating over 450,000 #Ethereum $ETH in the past month.”

“鯨魚活動支持這種勢頭轉變，過去一個月，大型持有人積累了超過450,000 #Ethereum $ eth。”

As the price of ETH dropped to $1,900 over the weekend amid broader market weakness, rumors of a potential price drop to $1,000 began circulating in the crypto community. However, on-chain metrics suggest that Ethereum has enough strength to quickly recover from this decline.

由於在更廣泛的市場疲軟中，週末ETH的價格下跌至1,900美元，因此在加密貨幣社區開始流傳的謠言開始流傳。但是，鏈指標表明以太坊有足夠的力量從這種下降中迅速恢復。

Nearly 1 million Ethereum (ETH) has been withdrawn from exchanges since April, according to exchange data. This significant outflow indicates reduced selling pressure while bolstering Ethereum price stability and supporting bullish market momentum.

根據交換數據，自4月以來，將近一百萬個以太坊（ETH）已從交流中撤回。這種重要的流出表明銷售壓力降低，同時加強以太坊價格穩定並支持看漲的市場勢頭。

“Exchange data also confirms the trend, with nearly 1 million #Ethereum $ETH withdrawn since April, reducing sell pressure.”

“交換數據還證實了這一趨勢，自4月以來撤回了近100萬美元的#Ethereum $ ETH，減輕了賣出壓力。”

Furthermore, as long as Ethereum (ETH) maintains support above $2,200, the next upside targets could be $3,000 and possibly $4,000 if bullish momentum builds.

此外，只要以太坊（ETH）維持2200美元以上的支持，下一個上升目標可能為3,000美元，如果Bullish Momentum建立，則可能是4,000美元。

“According to the pricing bands, as long as #Ethereum $ETH holds above $2,200, the next upside targets could be $3,000 and possibly $4,000 as bullish momentum builds.”output: Key Notes The Ethereum (ETH) price drop over the weekend has brought up concerns in the crypto community about whether this is the end of the rally. However, on-chain metrics show that the Ethereum fundamentals have enough strength to stage a quick recovery moving ahead. As far as ETH price sustains above the $2,200 support, market analysts believe that the rally remains intact. Four On-Chain Metrics That Show Ethereum Strength Let’s take a closer look at the signs that reflect current Ethereum strength. Ethereum MVRV Momentum Flips Bullish Crypto analyst Ali Martinez has highlighted a key shift in Ethereum’s market dynamics, stating that the MVRV (Market Value to Realized Value) ratio has transitioned from bearish to bullish territory. This development signals growing momentum in favor of Ethereum bulls, setting the stage for further price gains in the near term. Rising ETH Whale Activity Analyst Martinez also

“根據定價樂隊的說法，只要#Ethereum $ ETH持有的價格超過2200美元，下一個上升目標可能是3,000美元，可能是Bullish Momentum的建造。但是，鏈度指標表明，以太坊基本面具有足夠的力量，可以快速恢復前進。至於ETH價格的維持在2200美元的支持以上，市場分析師認為集會仍然完好無損。四個顯示以太坊強度的鍊鍊指標，讓我們仔細研究反映當前以太坊強度的跡象。以太坊MVRV動量翻轉看漲的加密分析師阿里·馬丁內斯（Ali Martinez）強調了以太坊市場動態的關鍵轉變，指出MVRV（市場價值與已實現價值）比率已經從看跌到看漲領土過渡。這一發展信號標誌著增長的動力，支持以太坊公牛，在短期內為進一步的價格上漲奠定了基礎。 ETH鯨魚活動的上升分析師馬丁內斯也